ITA Group establishes presence in Australia & New Zealand through acquisition of Performance Incentives
Apr 30, 2024•over 1 year ago
Acquiring Company
ITA Group
Acquired Company
Performance Incentives
SydneyTravelDescription
ITA Group, a global leader in engagement solutions, has expanded its global presence by acquiring Sydney-based Performance Incentives. This strategic move supports ITA Group’s growth goals and provides culturally relevant engagement solutions for clients in Australia and New Zealand, reinforcing the commitment to inspire and motivate employees, channel partners, and customers in the region.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed